The following information pertains to the three divisions of Merrymount Company: Division X Division Y Division Z

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The following information pertains to the three divisions of Merrymount Company:

Division X Division Y Division Z

Sales ? ? 1,250,000

Net operating income $ 36,000 $25,000 $75,000

Average operating assets 300,000 ? ?

Return on investment ? 20% 15%

Margin 0.10 0.05 ?

Turnover 1.5 ? ?

Target ROI 15% 12% 10%

What are the average operating assets for Division Z?

Posted Date: May 10, 2024 03:15 AM

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The following information pertains to the three divisions of Merrymount Company: Division X Division Y Division Z

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Expert Answer:

To determine the average operating assets for Division Z we need to use the Return on Investment RO... View the full answer

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